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Comedy Central
Nov 27, 2012 11:30pm PST
taxes. which led to a budget crisis that congress solved by not solving it. (laughter) instead, they handed it over to something called "the supercongress" which couldn't fail because it was super. (laughter) unfortunately it was also congress so it failed. (laughter) and as a result -- (applause) as a result -- (applause) as a result, folks, we are facing another thing called sequestration which at first sounds like rationing the amount you can watch "sea quest." (laughter) but it's even worse than that. (laughter) sequestration is automatic spending cuts that both sides agree would trigger a new recession. it's like congress put a gun to the economy's head and swore it will pull the triger if congress doesn't put its own gun down. (laughter) it's kind of like a mexican standoff without any mexicans. (laughter) of course, obama's answer to this budget crisis is to raise taxes on the wealthy just because he ran on that promise. and won the election. (laughter) it's like he's totally disregarding my dismissive finger quotes. what part of this don't you understand president "o" b
CNBC
Nov 21, 2012 7:00pm EST
might want higher rates and cap on reductions for more tax revenues. that could be a deal-breaker and the markets won't stand for long while nothing gets wrong. i don't want to be overly pessimistic. i'm trying to be realistic. i'm reporting what i'm hearing. but stocks did rise a bit on news after cease-fire between israel and whhamas. is israel snaf particularly when we know that palestinians and gaza may just rest unand rearm for the next round? >>> finally as you head out into the thanksgiving traffic, ask yourself where president obama still hasn't given the green light to the keystone pipeline that would give us jobs and energy n independence? now a truly bipartisan group of senators is telling the president to make a decision right now. first up this evening, this is the big question. will we get a deal done or might president obama just let us go right over the fiscal cliff, take the recession, and simply blame the gop? this is a serious question that i'm hearing from washington all the time. so let's talk. we have cnbc contributor jack bernstein, former chief econ
CSPAN
Nov 27, 2012 7:00am EST
willingness to help the republicans the gate the pledge not to raise taxes by letting it expire and than any tax change to reduce taxes will be a tax cut, we will be glad to sign it. all of the super rich people who are now going to face the state tax on anything over $1 billion will be screening of their shoulders, the thing it. and rear not point to have $200 billion less in spending if after january 1 we sign a new tax bill. the fact that obama is administration is to make it sound like he is averting a catastrophe over the post 2013 -- it is an insult to people who know what is going on. host: if you think that -- do you think the president is not holding from one democratic beliefs? calving i really do not know. i just found out that ed rendell is supposedly a little type of democrat. he is one -- on one of these teams trying to figure out entitlements. this is a simple equation. we have about $800 billion more than necessary in spending. we have $800 billion more in spending that goes into the pockets of those who run unnecessary tests, insurance companies and pharmaceutical companies.
CNBC
Nov 27, 2012 1:00pm EST
at the white house this afternoon to make his case for higher taxes ahead. we will also go to the home state of a kai player in tey pl talks. >>> the chevy volt struggling to work with car makers aed car buyers. why is general motors doubling down with its big bet in electric and has it jumped its sales? >>> facebook stock up 10% in the past week and 30% the past two months. has it finally turned a corpser? >>> speaking of corners, we have switched corners, tyler, the gentleman that he is, is braving you the snow and the ice in new york city and he is down on the floor of the new york estock exchange. >> a mucky day. not since 2008 has it been so high. more evidence the housing recovery is taking root. prices rising in the big cities but a warning we may head into a recession next year if the u.s. and europe don't solve their fiscal messes. right now the dow industrials a built of a breather down 21 points. >>> meanwhile, 34 days to the fiscal cliff. will a deal be done in time? today, president obama meets with small business leaders to make his case for the possibility of higher taxes ahea
CSPAN
Nov 24, 2012 9:30am EST
likes to talk about the political drivers. the left likes to talk about how taxes have fallen, the culture has become more open to really high ceo compensation than it used to be, decline in the rights of unions, deregulation, and all those things are factors. but i think it is a real mistake to ignore the economic drivers as well. and there are very powerful underlying economic drivers. globalization, the technology revolution, and one reason it is pretty clear that those are key drivers is this is a global phenomenon and i do sometimes think the american discourse tends to be very american so i am quite interchange when i read about a paper that says rising income inequality in the united states is due to this one particular law passed in the 1980s. and how does that account for rising income inequality in canada? or even in france, in germany, in the united kingdom? it is happening all over the world and the emerging market. it is important to face that squarely because if you see it just as a political phenomenon you are going to lose sight of what i think is a big challen
CSPAN
Nov 28, 2012 1:00am EST
young people with direct support financially for the enterprise, or with privilege and taxes. those are the two possibilities, but we should do it. the fight against unemployment, in my eyes, is the highest priority for the european union, or must be the highest priority for the european union. the international labor organization spoke about the lost generation in such countries. to lose a whole generation from a society is to destroy democracy. therefore, if there are not direct places for young people, we must intervene directly from the state level to support those enterprises to employ young people. i could tell a lot more, but i was asked to do it shorter. both sides have a lot of economic and political problems, but we are solving the problems. we must solve our economic and political problems and cooperate, and it is possible. perhaps one problem is the lack of cooperation between the united states and the european union. to solve the problems we have, one step is to cooperate more. gender equality, the european parliament is one of the strongest fighters in the world for ge
MSNBC
Nov 27, 2012 3:00am PST
to get the majority of a majority on tax issues. he's not going to get a majority of majority on debt raising. >> much harder on the debt ceiling than taxes. >> that's what i'm saying. i refuse to vote to raise a debt ceiling when they were trying to raise it to $5 trillion. it's something you don't do unless you get a lot of cuts on the other side. >> and it's not a game. because if you don't raise it, we saw what happened last time, you can get your debt downgraded and has real economic consequenc consequences. and that's why when people think about the fiscal cliff, we all assume that sane minds will prevail and they'll come up with some deal. there's no guarantee that sane minds will prevail. and recent history would suggest that sanity almost never prevails in washington. so you can assume it's going to be more difficult than we think. you can assume that the bush tax cuts might all go away for a short period of time. and you cannot assume they just raise the debt limit. you cannot make that assumption. >> are the president's men and women -- are they under -- are they making the
CNN
Nov 27, 2012 11:00am PST
it with me, 35 days to avoid the dreaded fiscal cliff, the huge package of tax hikes and spending cuts set to take effect january 1 if congress and the president do not cut a deal. we're told they have been talking behind the scenes and president obama has already hosted congressional leaders for a post election sit-down. but the president is also launching a new pr effort, a campaign, some are calling it here, starting with the white house meeting today, of small business owners. then tomorrow, the president hosts more business owners and a group of middle class americans who would be hurt if the tax hikes take effect the first of the year. then friday, a campaign style stop in pennsylvania, a toy factory of all places, highlighting the importance of middle class consumers in this holiday season. but back in washington, senate leaders, they are speaking out. you have democrat harry reid saying the president won the election. and it is time for republicans to fall in line. meantime, republican mitch mcconnell not impressed with the president's plans to go back on the road. take a listen. >
CSPAN
Nov 26, 2012 12:00pm EST
to leave the agency. with the content congressional negotiations are the sequester and tax cuts to expire at the end of the year, tonight and prime time, focusing on the beginnings of the debt of the debate on the national debt. c-span will go back to august of last year to review some of the debate and is congress is from congress and the white house to run in the passage of the budget control act. the law created the automatic spending cuts to take effect in january along with some expiring tax revisions as part of the so- called fiscal cliff. it airs tonight it it o'clock eastern-- a o'clock here on c-span. >> in january, our first week we were sworn into office, the president ask for an increase in the debt ceiling. i made clear at that time there would be no increase in the debt ceiling without significant cuts in spending and changes to the way we spend the american people's money. shortly after that, i was in new york and gave a speech and outlined i thought the spending cuts should exceed the amount of debt limit increase and there should be no taxes as part of this agreement. whe
CSPAN
Nov 25, 2012 11:00pm EST
to talk about the political driver. how taxes have fallen comment the culture becomes more open to high ceo compensation. deregulation, but it is a real mistake to ignore the economic drivers. there are very powerful economic drivers that are obvious. globalization, a technology revolution. it is keira -- clear though-- those are key drivers because of the global phenomenon. american discourse tends to be american. would raise a income of inequality with one lot past and that eighties how does that rise in canada? france, germany, united kingdom? it is important to face that squarely. as a political phenomenon the challenge is the benign forces i am a google addict but they are drivers of social and political consequences. i like to look at it from a quote from peter orszag that the big drivers are economic forces particularly in the united states politics to mitigate these economic forces has exacerbated. so to create much more concentration will try to soften the blow. instead it is the excel arab. who are the super rich? what do they think about the rest of us? the way i will lead ch
CSPAN
Nov 27, 2012 8:00pm EST
are before us. tax increases are not. but underlying all of that, foundational to all of that, is putting america back to work. getting americans back into their jobs. if we do that we will clearly increase employment and when you increase employment you always increase tax revenue to the federal government, to state governments and local governments. so our principle task as i see it and i think i'm joined by many of my colleagues, both democratic and republican, is to get the american economy going. to put it back in gear. and there are many reasons beyond just employment and the opportunities that family have -- families have to make it. one of the critical elements in all of this is to protect americans. we recently saw superstorm san joaquin smash into -- sandy smash into new jersey and new york with devastating results. loss of life, incredible loss of property, both public and private, and a very, very big cleanup bill. joining me in a little while will be some of our representatives from the state of new york. and they'll talk about that in detail. but before sandy ever hit the co
FOX News
Nov 28, 2012 3:00am PST
location. it was able to build conventional and nuclear war heads 800 miles and that is not good. tax dollars at work. people in buffalo new york. spent 2.7 million so teachers could get plastec surgery. procedures provided under the great union contracts. gretch you and brian. >> gretchen: thank you very much, steve. we heard about the war on women in the presidential campaign. is there a war on men, too. the next cites that's the reason marriage stats are down. >> 50 percent adults were married in 2011 compared to 72 percent in 1960. we'll ask susan banker who is the author of this book. how to choose a husband and make peace with marriage. the rise of women in society ticked off men, is that correct. >> hi, guyings, how are you and thanks for having me on. it is a interesting ride the last 48 hours with this arcticle. i would like to begin behy saying what the message is not. it is not about women "returning to their former lives and roles as a 1950s house wifes and being submessive and not working outside of the home" and being do sile and obedient. this is a issue of gender relat
CSPAN
Nov 25, 2012 2:45pm EST
to live in the right neighbor. and also the tax system -- >> also the tax system is obviously important, and all important for not only the issue of equality, inequality, and opportunity, but also for efficiency and growth. so, for instance, if you have a tax system like ours, where speculators attack at a fraction of a rate of people who work for a living, and if you can keep your money in a bank account in the cayman islands rather than in the united states, you have incentive -- the ruleses not only give lower tax rates to those who can take -- avail themselves to these, but it distorts the economy. you wind up with more speculation, more instability, and the money isn't in the cayman islands because it grows better in the shine there. it's the lack of sunshine that is the reason that people keep their money there. >> just had a conversation with -- someone from the financial industry who was trying to make a defense about things like carried interest, which isn't even invested income but gets taxed as if it was at 15%. there's a lot of effort put in and with uncertain return, and yo
PBS
Nov 26, 2012 4:00pm PST
action by congress, americans will be forced through a series of automatic tax increases and spending cuts at the end of this year. it is what is known here as falling off the fiscal cliff. despite warnings, the global consequences -- and the global consequences of falling off that cliff, can washington he managed -- can washington manage it? thank you for joining me. the markets are looking in america and wondering whether politicians will be able to avoid this fiscal cliff. are things headed that way? but i think eventually they will. the good news -- >> i think eventually they will. the good news is that it is more like a fiscal beach. it is not like the debt ceiling. it is not a sudden that situation. there is a bit more flexibility. but one of the issues emerging is what the attitude of richer americans will be and whether they will accept the need to pay higher taxes. you probably read, as i did today, a very interesting op-ed by warren buffett, who points out that early in his career in the 1950's and 1960's when he was making a lot of money, the tax rate was many times higher
CSPAN
Nov 27, 2012 5:00pm EST
working on the defense authorization bill. harry reid has been talking about the brugget cuts and tax increases and here he is speaking to reporters just after the caucus lunch. it's about 10 minutes. >> we are -- we had a meeting with the four leaders up here at the white house, it went very well. the problem was that was before thanksgiving. and since that time, there has been little progress with the republic carns, which is a indictment -- republicans, which is a disappointment to me. we only have a couple of weeks to get something done. we have to get away from the happy talk and start talking about specific things. and one month taxes are set to rise for all americans. we passed in the -- we passed in the senate a piece of legislation to protect people making less than $250,000 a year. we have rejected on a bipartisan basis the republicans' efforts to extend the tax cuts for everybody. those are the two majors we have dealt with on the senate floor. if we fail to reach an agreement, the average middle-class family will see their taxes go up by 2,200 a year. as i have indicated,
FOX Business
Nov 26, 2012 3:00pm EST
more than 600 billion dollars in both cuts and tax hikes, spending cuts kicking in and it will affect the state you live in in some way shape or form. today we're kicking off governors on the edge week on countdown to the closing bell. we are finding out how pennsylvania is affected by the budget mess. governor corbett is talking about the impact on state finances but perhaps more importantly why he is not waiting around and he and his team are trying to work on make sure they don't fall into the abyss with the rest of the country. >>> now hewlett-packard is now up 2 1/4%. we just heard through reuters we're confirming it here on fox business that a class-action lawsuit has been filed against hewlett-packard, a law firm -- we're looking at this issue with autonomy, it's a company they had to write down the acquisition by billions and billions of dollars. so clearly this is the breaking news on hewlett-packard right now. not really moving that much. still up about 28 cents. apple as you saw up sharply. analysts talking about a strong black friday for apple based on some checks on their
CNBC
Nov 26, 2012 9:00am EST
almanac had today. >> we want to know what taxes are going to be. there is a big -- one of the things i look at the charts every weekend. i'm pathetic. i have them delivered to my door. everything stops in the house. utility stocks are horrendous. i think that's people saying, look, dividend is going to -- >> 39.6 on your dividends will be a different story. >> have you seen those charts? they are the worst. >> i get them delivered as well of course. >> who doesn't? >> saturday morning i like to get up and look at my charts. >> i think we have something in common. i feel better. >> three tech companies known for their beaten down stocks are getting good news from the street today. facebook upgraded to outperform over at bernstein. cibc raising rimm and yahoo! added to the conviction buy list at goldman sachs. cnbc and yahoo! have a business alliance to share and co-produce editorial content. my favorite is rimm. >> i love that. >> the blackberry 10 is locked in for january 30th. they say the carrier feedback will become more clear and a lack of new competing devices -- not sure on what
CSPAN
Nov 24, 2012 11:00pm EST
-founded everyboby but if you have a tax system like ours where spicule is overtaxed for fraction but to keep the money and a big take-out you have incentives, , those rules if people with lower tax breaks but you have more speculation, more instability and the money is the ninth 10 negative cayman end says a recent and the phone keep their money and and from the financial industry someone tried to talk about carried interest but it is still taxed at the 15% but there is a lot of effort put in when uncertainty arrives but i cannot help but say you know, what else helps to solve it? writing books. [laughter] and somehow i don't get the tax break and here we are. [laughter] >> host: just to clarify the question of carried interest, when a hedge fund earns money from their customers they know the fee, that is there and come. they can defer that. to keep it invested then on any gain you pay capital gains but now they have transformed that. [applause] >> conditions of a former head fund manager. [laughter] health care. the phrase used tallyman did to our markets. one of the most why doesn't it wo
CNBC
Nov 27, 2012 4:00am EST
after itself. that might entail a step drop because at the moment we're giving these tax breaks, but we're doing it out of our saving. >> but the point isn't just that we have to restore a higher level perhaps of taxes and lower level of spending than we might like. the problem with the u.s. is it gets into that ideological dispute over whether the way to do that should be by cutting spending and raising taxes. so there is an actual sort of fundamental disagreement that underpins this sense of knee jerk -- >> why have we had to do this? we've had to borrow money and cut people 00 taxes and spend more on social services because the underlying private sector economy completely ran out of steam. it ran out of steam because it needs the banking system to feed off. it needs access to trade credit, to business finance, et cetera. and so when the banking system suddenly said we've got another imperative for us the next few year, we'll have to rebuild our balance sheets, the private sector is temply cut off and drifts. so the public sector has to step in. so what we're really discussing is the
MSNBC
Nov 22, 2012 4:00am PST
the door to revenue but not by raising taxes. is that going to be enough? might that be the compromised point? >> if you listen to the white house and top democrats it might not be, because they're saying, i think treasury secretary geithner said the other day that's not enough money. president obama starting negotiations at $1.6 trillion in revenues, that's twice as much as the president seemed to agree to two summers ago before the fiscal cliff debt negotiations collapsed with speaker boehner. so i think that's the dividing line right there, whether it's going to be eliminating deducts or higher rates. there's pressure from left on the president to hold the line. he won the election, he told labor leaders last week, prior to meetings on friday, with capitol hill leaders he was going to hold the line. the white house's taking a tough tact here. >> congressman ellison suggests that is not enough on politics nation last night. let's take a listen. >> all of those guys who signed pledges for grover norquist, they're still around. i think the tea party was somewhat of a fleeting moment. he
CSPAN
Nov 26, 2012 10:00am EST
dollars. it is all tax money. it is not suspicious. the textbook folks are getting a little closer to the classroom there. a little more suspicious. that part of the sector is dominated by for-profit players, whether the old line textbook providers are those transitioning into the new digital age and thinking more a online adapted products. it is much lower heat from the conversation. the closer you get to the classroom, how about school operators that contract with the local school district? a for-profit company running one are two schools or a network of schools and having a goal at the end of the year to have money left over to reinvest in the business to make a better and to return over some time to return to shareholders. even at harvard business school, a very small percentage of this was ok. it seemed the paradigm was what kind of activities to be the same the public sector has a legitimate right to provide. therefore it seems an encroachment from the private sector trying to somehow capture rents that are somehow more appropriately flowed through the public sector. even on
CNBC
Nov 21, 2012 3:00pm EST
there. >> does that change if dividend taxes go much higher as it relates to the fiscal cliff? does the reason to own dividend payers go away? >> i think there will be a repricing of some of that risk, frankly. a lot of it depends on the tone coming out of d.c. there's not going to be a grand bargain this year. i think it's the tone and the message that we'll hear in the next couple weeks. >> meantime michelle, another area you cover carefully, the debt crisis in europe and whether or not greek gets this next trun j. >> headline, greece still needs money. they still haven't gotten it. the hope is they may get it on monday. that could be a potential destabilizing situation, but the bottom line is the only people they really owe the money to right now is the ecb. it's probably going get washed through. it's going to be a lot of drama, but you haven't seen the u.s. markets trade so much on it. we'd have to see them leaving the euro to get an impact. i'm not sure it would be that big an impact. >> you agree, rick santelli? >> i think greece is the canary in the coal mine with regard to
CNN
Nov 25, 2012 10:00am PST
from brazil and argentina, taxes are low across the region. how do you increase them. as we all know in the united states, entitlements once given are hard to take back. it's hard to read about those who climbed out of poverty. but latin america faces challenge to sustain these gains, otherwise we could look back on this period as a peak from which it fell. >>> up next we tend to think of international politics as a complicated science. my next guest says it's actually quite simple and it pertains to a subject we've all been taught about in school. i'll explain. all energy development comes with some risk, but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today.
NBC
Nov 27, 2012 7:00am PST
and khoe of bataway and has written an op-ed, tax on the wealthy. i'd like to ask you about black friday and cyber monday. numbers robust about any standard what. is it telling you about how consume remembers feeling about the overall economy? >> consumers are feeling reasonably confident. the economy has been coming back for a year and residential housing is coming back, so they are feeling better. >> when you say they are feeling reasonably confident, what are big investors, guys like you? when you start looking forward to the economy in 2013, how confident are you? >> well, i'm confident. i can't speak for others, but i -- we buy stocks almost every day, so i -- but i'm confident about the american economy over the decades to come, and we'll have ups and downs and i can't really predict them. one thing i'm sure of is america is a winner. >> let me read you something that the ceo of honeywell said on "meet the press" on sunday and he said right now i'm not all that bullish. in fact, i'd say there's a great uncertainty that's just hanging over the entire economy because we're not confid
CSPAN
Nov 23, 2012 10:30pm EST
and did not pay social security taxes on. president clinton turned to his second choice, a federal judge appointed by president reagan. she was pretty safe bet she hired an illegal alien but she paid the social security taxes and it was not illegal to hire an illegal alien but it was close enough that they did not want to put her out there. she had to withdraw all so even though she had not broken the law. clinton 0 of -- has ended up with janet reno and ended up to regret it when she appointed a special prosecutor. you might remember bernie, the new york city police commissioner nominated by president bush to be part of his department of all land -- homeland security. they didn't vett him carefully because later he pleaded tuilty to -- guilty to fraud. or the designation as secretary of labor that had to be withdrawn the next week because a woman gave her some money and it may or may not have been illegal. but she had misled the vetters, and they threw her under the bus. after the governor romney campaign, there may be a new set of questions. it is a difficult thing if you are nominated
Current
Nov 20, 2012 4:00pm PST
, we're talking about money and politics. >> a gusher of a campaign taxes. >> this has been the most expensive election of all time. >> we're here on the campus of ucla law school where they debate constitutional issues. today they're doing a convention on money out and voters in. >> and we have our elbow of the day later. jr jackson is going to love this. tweet us at tyt on current if you can guess who it is. zisko>>>el granada is a special place to learn because we have a dedicated community and a dedicated staff. and when kids come on campus everyday, they're enthusiasm for learning shines. we receive federal funding because a majority of our students are socially disadvantaged. making sure our students receive healthy nutritious lunches and breakfasts is critical to their learning. i would like to see students take more ownership of what they eat everyday and learn about their bodies and how their food nourishes them. sandra jonaidi>>> i hope that we get them early enough that they've learn some good eating habits and they go forward and become ver
Current
Nov 20, 2012 10:00pm PST
of campaign tax. >> this has been the most expensive election of all times. >> we're here on the campus of ucla law school where they argue constitution. today they're discussing money out, voters in. >> and jayar jackson will love this. tweet us on @tytoncurrent if you can guess who it is. before the cold & flu season help prevent with lysol. because when you have 10 times more protection with each hand wash... and kill 99.9% of germs around the house with each spray... those healthy habits start to add up. this season, a good offense is the best defense and lysol has your family covered because that's our mission for health. >> it's no secret to regular viewers of this show that cenk has long been passionate, unbelievably passionate about campaign finance reform. this past weekend at ucla law school, he was invited to participate in a conference called money out voters in. let's take a look at how that worked out. >> cenk: we're here on the campus of ucla law school. where they debate constitutional issues. today they're doing a convention on money
FOX Business
Nov 22, 2012 9:00pm EST
not have the taxes. we have the money left over. the park could be just as good. john: well, it certainly is true that the park is very commercial these days. but buying and selling going on. holiday gifts. very commercial. on the other hand, the public seems fine with that. >> its and look very nice. a different story. >> a lot of the things that they should be doing. you should -- john: some money. >> that's right. you will study. if everyone would feel just as good. >> is a very public. nobody has viewed it as privatized, and the final answer to these arguments, every dollar that is earned by concessions and sponsorships and events goes right back into the park. all that money is earned in these ways. the way we provide private skating complex skating for free which we do is from those booze and a sponsorship from city which has been very generous. john: less talk about your next one combustion. boston, and was once a common breezy feel. so for the tragedy. it was overgrazed. now it's a part. managed by government for about four and years. badly managed, and this is the result. your pl
CSPAN
Nov 26, 2012 5:00pm EST
to the economy if we do not extend tax cuts for the middle-class and address the other elements of the fiscal cliff and, more broadly speaking, address our long term fiscal challenges and how the economy creates jobs. we need to get this done and that is what we're working on. >> one more? >> olivier, alexis, april. >> you have said repeatedly "we" have expressed concerns? >> i would refer to the state department. >> were you for warrant that mr. mursi was going to do this? -- were you forewarned mr. morsi was going to do this? >> these are separate issues. we have raised our concerns and that, i think in party answers your question. secretary clinton is focused on working with the president down others, prime minister netanyahu, to help bring about a ceasefire and other allies can be saved and the possibility of moving forward on negotiations for more enduring peace could be realized. that was very important. the president played a very important role in that. separately, we have raised concerns about some of the decisions and declarations made on november 22nd and we continue to engage on t
CNN
Nov 25, 2012 7:00am PST
's time to pay up? apart from brazil and argentina, taxes are low across the region. how do you increase them. as we all know in the united states, entitlements once given are hard to take back. it's hard to read about those who climb out of poverty. but latin america faces challenge to sustain these gains, otherwise we could look back on this period as a peak from which it fell. >>> up next we tend to think of international politics as a complicated science. my next guest says it's actually quite simple and it pertains to a subject we've all been taught about in school. i'll explain. ♪ announcing the all-new 2013 malibu from chevrolet. ♪ with a remarkable new interior featuring the available chevrolet mylink infotainment system. this is where sophisticated styling begins. and where it ends? that's up to you. it's here -- the greatest malibu ever. ♪ [ nyquil bottle ] just reading your label. wait...you relieve nasal congestion? sure don't you? [ nyquil bottle ] dude! [ female announcer ] tylenol® cold multi-symptom nighttime relieves nasal congestion. nyquil® cold and flu doesn't
CNN
Nov 23, 2012 4:00am PST
on the best network. exclusively at verizon. >>> top u.s. senator is moving away from an anti-tax pledge from grover norquist. facing looming tax hikes at the end of the year if they don't act, senator chambliss said, quote, i care more about my country than i do a 20-year-old pledge. if we do it his way then we'll continue in debt and i just have a disagreement with him about that. interesting. >>> want to give back this holiday season? more than 30,000 airline tickets have been given to service members and their families as part of what's called the hero miles program. launched by the fisher house foundation, it allows people to donate their frequent flyer miles to wounded, injured and sick military service members and their families. now there's a new opportunity to do the same with hotel points. joining us now from baltimore to tell us more about the hotels for heroes program are dave coker and senator ben cardin of maryland who helped to pass legislation for this. let me talk to you first, mr. co coker. first of all, great to see you again this year. tell me a little bit about this new p
FOX News
Nov 21, 2012 2:00pm PST
folks are saddled with debt and unemployment, obama wishes to expand the government reach, raising taxes on those laboring under the old dream. how can anyone believe in a dream when the leaders don't? they look stagnant earth and say that is better. america may enter a nationally recurring nightmare, i don't mean the one where dana and jasper show up as house gues guests. you hate the american dream so you are happy about this. >> dana: i haven't lived it at all. 60% of recent college grads can't find a job in what they studied, in the profession they chose. one of five bachelor degree holders are unemployed and 40% live at home. you can understand why they are upset about the future. i bet the poll is correct. >> greg: it's clear you don't care. is the american dream dead and should obama be impeached? >> kimberly: i saw that on the street corner today. >> bob: kimberly is eating. you ate it all. >> kimberly: i'm hiding it from you. >> greg: so you agree with me president obama should be -- >> bob: i do not. everyone at the table went to liberal arts college, right? is anybody here exc
MSNBC
Nov 22, 2012 5:00am PST
a deal that reduces taxes on the wealthy and doesn't cut entitlements, but most of all they want compromise. is this going to be one of these 11th-hour deals or two-parter? how do you see this playing out? >> i think it's going to be a two-parter, alex. but something that you said there is fundamentally wrong, americans do not want any entitlement reform. and any type of fiscal deal, you have to have some type of entitlement reform. i know it's painful to have that conversation, but that's what's putting us in this fiscal mess. if you don't tackle that, the big entitlement issues, we're going to continue to have this problem for generations to come. >> okay. richard and robert, thank you so much. >> sure, alex. >> have a happy thanksgiving. >>> a military thanksgiving in afghanistan. certainly a long way from home, but our troops are feasting on 78,000 pounds of turkey, sweet potatoes and pie. we take a seat at the table after the break. >>> we celebrate the holiday here at home, there are thousands of brave american service members overseas spending their thanksgiving together.
CSPAN
Nov 23, 2012 12:00am EST
it denied the basic rights of survival to native americans for tax malcolm declared quote the right of exterminating or trying to -- where they must starve even the inhabitants of thinly peopled regions would be questioned and immoral the. all of us have good reason to be alarmed at the u.s. population rate since the nation's number have been increasing at such an remarkable pace. with no european rival to contend with, nothing stood in the way at the doubling of u.s. lands in every doubling of the u.s. population except for thousands of indians who continued to live on their native ground. the united states thus provided a perfect object lesson for claims that x. is population fueled territorial aggression. in what i need your any euro american size of virtuous cycle that many native americans and their british allies sophomores a vicious circle, the continent's wide-open grounds supported demographic expansion even as the increasing u.s. population in a bold seizure and settlement of these lands. the resulting dif urchins in british versus american attitude towards american popula
CSPAN
Nov 28, 2012 5:00pm EST
of barry sudden drops in government expenditure and taxes on january 1 i could have a significant negative shock to the american and global economy. the other is the need for the united states to have a credible fiscal plan over the midterm to deal with what i think is a pretty serious long run fiscal situation. those issues often get mixed together. i would repeat what our finance minister said recently. i do think there solutions to the january 1 situation and a lot of common ground. i would think people would come to those solutions and not wait for a crisis. i hear some people talking about a budget accord. that kind of talk as lister you cannot, you go over a cliff, you cannot be sure what will happen next. with the collapse of lehman brothers, how icing major event can trigger a series of the event. i have every reason to believe these people will come to some kind of agreement on what to do. i also remain, notwithstanding all the difficulties the unit the -- the u.s. economy faces. i do not want to minimize them. this is still at its heart the most entrepreneurial, dynamic developed
CSPAN
Nov 26, 2012 8:30pm EST
view. we have a very difficult bankruptcy tax case. nobody can say, well, you're a liberal if you want to allow the deduction by the estates which are conservative if you require the debtor, and just does not make sense. on ones more access l to the public regimely, it's hard to pick categories. there was a case involving a question of whether or not certain discrimination laws should be applied to religious institutions so you could challenge the hiring or firing of a minister on the grounds it was discriminatory. what's the liberal position in that? the view you should extend crimination laws or protect the free exercise of the religion to the greatest extent possible? we look at the cases and resolve them to our best view of the law, not in terms of a particular liberal or conservative political agenda. there's ways of characterizes this that makes sense in terms of the work we do. some of the colleagues refer to it here strictly to the text of the stay chute. others of the colleagues like to look expansively to what we call the legislative history, the background of the statute, or
CNBC
Nov 23, 2012 6:00am EST
. the longer the bush tax cuts go away and stay away and the more sequester starts to kick in the weaker the first quarter gets. in a worst case scenario, you fall off the cliff, stay off the cliff, you look at negative numbers in the first quarter. we don't think that's going to happen. our base case somewhere around 1% or so. there's a lot of uncertainty as it relates to the fiscal cliff in the first quarter. >> it could be negative. >> it certainly could be if you go off and stay off. there's no deal. >> jay thank you for joining us this morning. >> thanks, steve. >> becky? >>> when we come back, dude, outlet malls have become major destinations for black friday shoppers. we'll head to tyson's corner outside of d.c. right after this. [ penélope ] i found the best cafe in the world. nespresso. where i never have to compromise on anything. ♪ where just one touch creates the perfect coffee. where every cappuccino and latte is only made with fresh milk. and where the staff is exceptionally friendly. ♪ nespresso. what e? ♪ ♪ >>> welcome back, everybody. shoppers at tyson's corner
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